European Semiconductor Stocks Jump After Iran Cease-Fire -- Market Talk

Dow Jones04-08

0815 GMT - Shares of European semiconductor companies surge after President Trump agreed to a two-week cease-fire with Iran if the Strait of Hormuz is reopened. The strait, a key waterway used to transport helium needed to make artificial-intelligence chips, has remained largely closed in recent weeks. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 6.6% and 7.2%, respectively. Shares of BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, are up 6.3%. German chip maker Infineon Technologies is up 9.6%. STMicroelectronics--which supplies Apple, Samsung Electronics and Tesla--is up 5.2%.(mauro.orru@wsj.com)

 

(END) Dow Jones Newswires

April 08, 2026 04:15 ET (08:15 GMT)

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